Local Commitment — Worldwide Resources

Elmore, Hupp & Company, P.L.C. is a full-service accounting firm, committed to working with individuals and businesses to optimize financial performance and goals. We bring a level of service with the client focused commitment of a local firm and the technical skills and resources of a global firm.

Our service to the community began in October 1967, as a branch of a Southwest Virginia regional accounting firm.  Our heritage as Elmore, Hupp & Company, P.L.C. began in 1991 and continues on today with over 150 years of combined experience with our professional staff.

Although our office was established to serve the growing communities of Staunton, Waynesboro and Augusta County, our reputation for service has resulted in a client base that extends throughout the Shenandoah Valley, Virginia, and the East Coast.

The partners, professionals and staff stand ready to provide you with the highest level of service and look forward to building a relationship to accomplish your goals.

Independent Member of BDO Alliance USA

Our Services

Litigation Support

litigation support

Litigation support involves the quantification of economic damages pursuant to existing or pending litigation using accounting and auditing techniques. We have experienced competent staff who can compile information efficiently to assist in the calculation and documentation of any potential economic loss or damages.

Audits, Reviews and Compilations

audits

We view our role in the financial reporting process as an opportunity to provide constructive solutions for maximizing your company’s profitability and efficiency. We provide financial reporting on all three levels of assurance:

  • Audit – an intensive examination with the highest level of assurance
  • Review – some analytical procedures conducted with limited assurance
  • Compilation – based upon client information provided and used primarily for internal use.
Tax Services

tax services

We prefer to take a proactive vs. reactive approach to tax services. By keeping current on new tax laws and legislation, we are in a position to identify key tax planning opportunities that minimize both your current and future tax liabilities. We provide our individual and business clients with the taxation expertise and knowledge that they deserve throughout the year. Tax services offered include but are not limited to:

  • Tax planning & return preparation
    • Individuals
    • Corporations
    • Partnerships
    • LLCs/LLPs
    • Estates, trusts & gift
    • Not-for-profit organizations
  • Taxing authority representation
  • Divorce and support issues
  • Tax effects of buying/selling a business
Business Valuation Services

business valuation services

Whether you are thinking of buying a new business or in the midst of a difficult divorce, the amount attached to the value of your business is important. We can provide useful and objective analysis to assist you in the valuation of any business in which you have an interest.

We have several Certified Valuation Analysts (CVA) on staff.

50 Reasons for a Business Appraisal

Accounting Services

accounting services

Our firm provides a range of cost effective accounting services including the following:

  • Accounting system setup for new businesses
  • Personal financial statements
  • Litigation support
Estate and Trust Tax Preparation

estate and trust tax preparation

Effective estate and gift planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your surviving spouse, and can reduce or eliminate the tax due on the transfer of your business and other assets. For business owners, providing for business continuity and succession of ownership is essential. We can guide you through the complex process of getting your financial affairs in order.

Fraud Prevention and Detection

fraud prevention and detection

We use accounting and auditing skills to provide an analysis of financial records in conjunction with fraud and theft investigation. Our damage measurement methods can determine the extent of financial loss and illegal accounting practices.

Financial Forecast and Projections

financial forecast and projections

Forecasting is a necessity when trying to effectively manage and lead a business to profitability. From simple projections to complex financial modeling, our experienced staff can assist you in achieving your company’s financial goals.

Consulting Services

consulting services

We gauge our worth by the personal and business successes of our clients. We can help your business identify areas affecting profitability and growth and develop solutions that are practical and technically sound. In addition to acting as a sounding board for management, we provide comprehensive, flexible strategies that address the issues affecting your business. The following is just a few of the areas in which we provide consulting services:

  • Type of entity selection
  • Business valuations
  • Buying/selling a business
  • Computer systems
  • Financial & retirement decisions
  • Estate, trust & gift planning
Forensic Accounting

forensic accounting

We use accounting and auditing skills to provide an analysis of financial records in conjunction with dispute resolutions, as well as fraud and theft investigation. Our damage measurement methods can determine the extent of financial loss and illegal accounting practices.

Succession Planning Services

succession planning services

A systematic approach to planning a successful exit from your business is vital to ensuring long-term financial goals are met. We’ll work with you to develop and implement a solution that meets your personal goals.

Mergers and Acquisitions

mergers and acquisitions

Finding the right business partner for your company can be a difficult task. We can assist you in the merger or acquisition process by assessing such critical elements as tax considerations; product/service compatibility; competitive tactics and position; financial impact; and cash flow considerations.

Industries Served

Industries We Serve

Elmore, Hupp & Company has been serving our community for over 50 years, and is known for its expertise in a wide variety of businesses.

The following is a representative listing of the businesses we serve, listed by industry classification.

Agriculture

Beef Cattle Farming
Dairy Cattle Farming
Farm Equipment Sales
Farm Management Services
Farm Supplements Sales
Farrier Business
Feed Mill
Fish Hatchery
Hog & Pig Farming
Horse Trailer Sales
Horses & Other Equine Production
Livestock Market
Poultry Farming
Sheep & Goat Farming
Vineyard

Arts, Entertainment & Recreation

Artists & Writers
Baseball Team
Bowling Center
Caverns
Fitness & Recreational Sports Center
Golf Course
Historical Museum
Music Publishing
Musical Performers
Radio Station
Skiing Facilities
Theater Company

Automotive

Automotive Parts & Accessories Stores
General Automotive Repair
Motorcycle Dealership
New Car Automobile Dealerships
Oil Change and Lubrication Shops
Tire Store
Used Car Dealerships
Vehicle Financing Company

Construction

Commercial Building Contractor
Concrete Finishers
Electrical Contractor
Excavation & Paving Construction
Flooring Contractor
Framing Contractor
General Building Contractors
Highway Contractor
Hydro Seeder Contractor
Industrial Building Construction
Masonry Contractor
Milling Cabinet Shop
Pipe Organs
Plumbing, Heating & Air Conditioner Contractor
Property Damage Restoration Business
Residential Building Contractor
Residential Remodelers
Roofing Contractor
Steel Erector

Health Care

Audiologist Office
Child Day Care Services
Chiropractor Office
Dental Lab
Dentist Offices
Hearing Aid Sales
Medical Equipment Repair Service
Medical Equipment Sales
Mental Health Practitioner Office
Nursing Care Facilities
OB-GYN Office
Optometrist Office
Physical Therapist Office
Physician Office

Hospitality & Food

Bed & Breakfast Inns
Catering Service
Fast Food Restaurant
Full Service Restaurant
Hospitality Management
Hotels
Limited Service Restaurant
RV Park & Recreational Camps

Manufacturing & Mining

Aluminum Extruded Product Manufacturing
Animal Slaughtering & Processing
Commercial Printer
Converted Paper Product Manufacturer
Copper Extruded Product Manufacturing
Contract Filing
Dog Food Manufacturing
Donut Manufacturer
Hydraulic Parts
Lipstick Manufacturer
Machine Shop
Medical, Surgical, & Industrial Blades Manufacturing
Metal Fabricating
Metal Ore Mining
Paperboard Mill
Sand & Stone Mining & Quarrying
Wood Mailbox Manufacturing
Woodworking

Professional Services

Architect
Attorney
Computer Systems Design & Related Services
Direct Mail Advertising
Engineer
Graphic Design Services
Insurance Agency
Interior Designer
Media Representatives
Photographic Services
Risk Management & Security Engineering
Stockbroker Office
Veterinary Practice

Real Estate

Home Owners Associations
Lessors of Commercial Rental Buildings
Lessors of Mini Warehouses & Self Storage Units
Lessors of Residential Buildings & Dwellings
Mobile Home Sales
Modular Home Sales
Real Estate Agents & Brokers
Real Estate Appraisal
Real Estate Developers
Real Estate Property Management

Retail

Antique & Precious Metals
Antique Mall
Art Dealer
Bakery Shop
Bank Security Systems
Book Store
Clothing Stores
Coffee Shop
Computer Software Sales
Equipment Rental Center
Florist
Furniture Stores
Gasoline & Convenience Stores
Gift, Novelty, & Souvenir Store
Hardware Store
Health Food Grocery Store
Heating Oil Dealers
Hunting Supply Store
Ice Cream Store
Jewelry Store
Meat Market
Natural Foods Grocery Store
Pawnbroker
Pharmacy & Drug Stores
Pools & Spa Store
Sewing, Needlework, & Piece Goods Store
Sporting Goods Store
Truck Stop and Travel Center

Service

Auctioneer Services
Automotive Glass Replacement Shop
Beauty Salon
Car Wash
Conservation Services
Custodial Services
Disc Jockey Service
Dry Cleaning & Laundry Services
Funeral Home
Management Consulting
Marketing
Printing & Copying Service
Research & Development in Animal Science
Septic Tank Cleaning
Shredding
Surveyor
Telephone Company
Travel Agency

Transportation

Charter Bus Company
General Freight Trucking
Moving Company
Transportation Logistics Company

Wholesale & Distribution

Beer Distributor
Electrical Parts & Supplies
Fresh Fruit & Vegetable Wholesaler
Grocery & Frozen Food Wholesaler
Paper Warehousing
Tire Distributor
Water Distributor
Wholesaler for Conservation Supplies